Luis Garicano 🇪🇺🇺🇦 @lugaricano@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ Economist. Back at LSE as a Professor at @LSEPublicPolicy Summer 2023. Non-resident Fellow @bruegel_org. Recovering MEP. Currently @ChicagoBooth.
Joined Apr 2022
Europe continues to be complicit here: Russian oil continues to be exported mostly in Greek tankers.
RT @RobinBrooksIIF: Russia is exporting more crude than ever. Oil tankers are flagged all over the place to conceal ownership. We built a web crawler that goes from shell company to shell company to find the owner. Russia exports so much oil thanks to Greek-owned oil tankers. With @JonathanPingle
RT @ProfJAParker: A useful way for economists to help people understand costs as well as benefits of recent student debt "forgiveness" is that it changed debt owed by students to debt owed by all of us. Over the next 10 years, we all took on roughly $3,000 per tax return, or $1,500 per American.
Great thread on a facinating new paper by @joachim_voth @ReddingEcon Stephan Heblich supporting the (Eric Williamson) old hypothesis that the accumulation of wealth from the slave trade played a key role in Britain's wealth accumulation and the industrial revolution.
RT @joachim_voth: most seeing increases in welfare by 40% or more. Prior to Britain's involvement in the slave trade, places with lots of slave wealth in 1833 were no …
RT @miquelroig: Veo a muchos decir que la reforma prometida por Bruselas del mercado eléctrico es el estertor de su modelo neoliberal... En realidad el sistema actual está diseñado por el poder público con el objetivo precisamente de enmendar al mercado y favorecer energías verdes vs fósiles
Ukraine on the offensive in Kherson. Important to be cautious, but potentially very good news.
RT @StratcomCentre: The Armed Forces of Ukraine have breached the occupiers' first line of defence near Kherson. They believe that Ukraine has a real chance to get back its occupied territories, especially considering the very successful use of Western weapons by the Ukrainian army.
RT @LHSummers: I hope that university presidents will defend academic freedom by echoing these sentiments. Leading journals like @Nature gatekeep tenure for young scholars and publications in them can determine career paths for older scholars.
https://quillette.com/2022/08/28/the-fall-of-nature/
@Egocrata @CsFernavarro @AndresVelasco
Key unknown: could be a destabilising feedback loop.
Great job @ft @lesliehook @digitalcampbell
H/t for pointing the story @paulg
5/5
Figure 3. Tropical areas account for most emissions: wetlands in South Sudan, cows in India, rice paddies on SE Asia.
4/5
Figure 2. Key sources are bacterial, not fossile- wetlands and cattle.
3/5
Figure 1. Largest concentration ever of methane, sharp rise.
2/5
Key (and terrifying) news story @ft.
What drives explosive growth in methane emissions?
- They are growing a lot
- Far more potent than CO2
- No one knows why
- It is not directly fossil fuels
- Could be feedback loop
Thread with main figures 1/5.
https://on.ft.com/3celw3f
@Egocrata @AndresVelasco ?s=20&t=NCpKwqs7yYB-QkI7Mjpb_A
RT @sapinker: Journalists & psychologists take note: Nature Human Behavior is no longer a peer-reviewed scientific journal but an enforcer of a political creed. I won't referee, publish, or cite (how do we know articles have been vetted for truth rather than political correctness)?
The punchy opening paragraph.
RT @sapinker: Journalists & psychologists take note: Nature Human Behavior is no longer a peer-reviewed scientific journal but an enforcer of a political creed. I won't referee, publish, or cite (how do we know articles have been vetted for truth rather than political correctness)?
As it did in the West, the main impact of the Woke left in the global South will be to increase support for the far right populists. An extraordinary overview of politics in LatAm by @AndresVelasco- a tour de force https://www.project-syndicate.org/commentary/latin-american-left-wing-activism-helps-right-wing-populists-by-andres-velasco-2022-08?utm_source=twitter&utm_medium=organic-social&utm_campaign=page-posts-aug22&utm_post-type=l…
RT @thijsreuten: Also read this thread by @lugaricano as a very good explanation of my point why - next to strengthened sanctions - economic and macro financial support to Ukraine are of the essence #westandwithukraine
RT @HannoLustig: Instead of forcing 🇷🇺 to monetize deficits, we kept buying their gas and shipping their oil. Predictably, Russian inflation is now even lower than in the Eurozone. Instead our ally is forced to monetize deficits and is facing soaring inflation. 🧵👇
RT @d_boeselager: Important and relevant thread why we most not leave Ukraine alone economically! 🙏🏼 @lugaricano
RT @LukaszRachel: Excellent and urgent intervention from @lugaricano.
Ukraine needs more money fast. Give it 2 em 💰
I'm worried about the winter + macro outlook in the west generally. W current gen of politicians + media (socials too), democracies seem so fickle, relative to autocracies...
Unofficial automated mirror. No copyright asserted. ∎ Economist. Back at LSE as a Professor at @LSEPublicPolicy Summer 2023. Non-resident Fellow @bruegel_org. Recovering MEP. Currently @ChicagoBooth.
Joined Apr 2022
